<ul><li>The EU and the US discussed 'parameters of possible engagement' to address the trade dispute triggered by US President Donald Trump.</li><li>Talks so far have yielded little progress and US officials don't appear to have a clear negotiating mandate from Trump yet.</li><li>The EU is working on a 'term sheet' for a potential agreement, which would set out areas for negotiations, including lowering its own duties, mutual investments, as well as easing certain regulations and standards.</li><li>European Commission President Ursula von der Leyen has made clear that her top priority is to negotiate a deal with the US that would lower or remove the tariffs.</li></ul>

EU Trade Chief Discussed Parameters To Lower Tariffs With US

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